wstETH (Aave)
If you borrow against a token at wstETH (Aave) and that token loses its fixed value, your position gets sold off automatically and you take the loss. This pays for that. Only if you stayed within the agreed borrowing limit and borrowed a matching kind of asset.
We have not analysed this listing yet. The numbers below come straight from the provider; what the cover actually says is not verified here.
Product annex
The terms apply to the product type. This annex applies to this listing alone: it names the covered address, the deductible and the sublimits. Read it before relying on the numbers above.
Open annex (PDF) →Who backs this cover
Capacity does not come from Nexus itself. Staking pools put it up, and their managers decide which products they underwrite and at what price. This is the state from our latest daily reading.
| Pool | Free capacity | Share of free | Price | Status |
|---|---|---|---|---|
| Hugh#2 | $2.4M | 41% | 0.58% | ready |
| Nexus Foundation#1 | $2.4M | 40% | 0.58% | ready |
| Nexus Mutual Community Staking Pool#23 | $1.1M | 19% | 0.58% | ready |
3 pools are listed for this cover, 0 of them already carrying it. The share is share of FREE capacity: it answers who could write the next policy, not who carries what is already bought.
History since 2024-09-01 is reconstructed weekly from on-chain data (dollar values derived via the NXM daily rate); the recent part is recorded live daily. The oldest stretch covers active cover only: free capacity and price cannot be reconstructed that far back.
Source: Nexus Mutual · Snapshot 2026-09-05 09:04 UTC